Nearly 71,000 loans have been processed and approved for Manitobans taking advantage of the province’s low-interest, Winter Tire Program. This announcement was made by Crown Services Minister Ron Schuler and Manitoba Public Insurance.
“Manitobans know the importance of road safety and continue to understand that winter tires have significant safety merits,” said Schuler. “This low-interest winter tire program assists Manitobans to make the purchase and equip their vehicles with snow tires with the ultimate goal being fewer winter collisions and safer roads.”
Launched in September 2014, the program provides loans of up to 48 months at prime plus two per cent up to $2,000 per vehicle.
“Numerous road safety studies confirm that winter tires reduce braking distances by lessening sliding on ice and snow,” said Ward Keith, vice-president, Business Development & Communications and chief product officer, Manitoba Public Insurance. “Road safety should be a priority of everyone who travels on our roadways. Reducing fatalities and injuries is a goal which can be achieved when everyone makes the commitment to safety and preparing for winter with the use of winter tires is one way to keep our roads safe.”
Customers interested in participating in the program are encouraged to visit Manitoba Public Insurance’s website at www.mpi.mb.ca for more information on program rules and to select one of 620 participating retailers throughout the province.